Exploration & Production - Exclusives

QEP Resources Exits Haynesville In $735 Million Sale To Aethon Energy

The sale follows several other divestitures marking regional exits including QEP Resources’ recent $1.7 billion Williston sale as the company aims to become a Permian Basin pure-play.

November 19, 2018

EOG Targets Lower Costs As It Improves Inventory

Houston-based independent oil and gas producer EOG Resources has secured 65% of its expected services for 2019.

November 16, 2018

Midcontinent Activity Highlights: November 2018

Here’s some recent action in Midcontinent oil and gas plays including Western Anadarko and Fayetteville producers, extended-lateral Arkoma Woodford wells and a Wolfcamp discovery in the Permian Basin.

November 16, 2018

Forty Under 40: Chase Gibson, Contender Energy Partners

Today’s Forty Under 40 honoree is Chase Gibson, who helped co-found the Dallas-based diversified energy capital firm Contender Energy Partners without third-party capital when he was 29 years old.

November 16, 2018

HEADLINES: Oil Prices’ Bumpy Ride

Meanwhile, natural gas prices made a spectacular climb plus OPEC considers production cuts, TransCanada reviews Keystone XL decision and Weatherford stock drops below $1.

November 15, 2018

Forty Under 40: Bryan Gaudin, Holland Services

Bryan Gaudin, CEO of Holland Services who helped lead the Fort Worth, Texas-based land services firm’s aggressive and successful growth strategy, is today’s Forty Under 40 honoree.

November 15, 2018

The Bear In The Bakken

Matt Steele’s privately held Bruin E&P joined the big league in the Williston Basin with last year’s $1.4 billion acquisition, and he’s not feeling intimidated at all.

November 14, 2018

DUG Midcontinent: More Fractures For Less Money

Spacing matters in the Stack play and early projects were spaced too tightly, Wade Hutchings, senior vice president of E&P at Devon Energy, told conference attendees at DUG Midcontinent. (Story updated at 4:35 p.m. CST Nov. 14)

November 14, 2018

Forty Under 40: Matt Gallagher, Parsley Energy

Today’s Forty Under 40 honoree is Matt Gallagher, Parsley Energy’s current president and COO who is slated to step into his new role as CEO of the Permian Basin operator next year.

November 14, 2018

Permian Producers’ Greatest Challenge: Above-Ground Constraints Vs. Takeaway

Executive Oil Conference panel said Permian Basin producers know the rock; the surface issues are the basin’s greatest hurdles.

November 13, 2018

Pioneer Sells Pressure Pumping Assets To ProPetro For $400 Million

The sale of the company’s pressure pumping business to ProPetro will bring Pioneer Natural Resources’ divestiture proceeds for the year to roughly $900 million.

November 13, 2018

Diamondback Energy Reveals $313 Million Midland Basin Bolt-on Acquisition

Despite an already blockbuster quarter of M&A activity, Diamondback snuck in a bolt-on acquisition in the Midland Basin that CEO Travis Stice said was too good of an opportunity to pass up.

November 12, 2018